Bharat Coking Coal

Bharat Coking Coal

Mainboard

₹13,800 / 600 Shares

Exp. Premium:9-10(39.13%)
Offer Date:Jan 9, 2026 - Jan 13, 2026

IPO Live Subscription Details

CategorySubscription (Times)
Date
09 Jan 2026, 05:06 PM
QIBs
0.30 times
NII
16.40 times
Retail
9.27 times
Employee
0.83 times
Total
8.09 times

Bharat Coking Coal IPO Details

The Bharat Coking Coal IPO price band is set between ₹21-23 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Ltd., and the equity shares are proposed to be listed on the Mainboard.

The IPO date for subscription opens on 9 Jan, 2026 and closes on 13 Jan, 2026. Investors can check the allotment status on 14 Jan, 2026, while the listing date is tentatively scheduled for 16 Jan, 2026.

The total issue size is 46,57,00,000 shares, aggregating up to ₹1071.11 crore. Stay tuned for the latest Bharat Coking Coal IPO review and GMP updates.

Bharat Coking Coal IPO Review, Rating & Analysis

Bharat Coking Coal IPO Review

May Apply

Bharat Coking Coal IPO Rating

Bharat Coking Coal IPO Highlights

IPO Date

Jan 9, 2026 - Jan 13, 2026

Listing Date

16 Jan, 2026

Face Value

₹10 Per Equity Share

Price Band

₹21-23 per equity share

Lot Size

600 Shares

Fresh Issue

Shares

Offer for Sale

-

Listing At

BSE, NSE

Bharat Coking Coal IPO Lot Size

The minimum market lot for Bharat Coking Coal IPO is 600 shares with an application amount of ₹13,800. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.

ApplicationLotsSharesAmount
Retail (Min)1600₹13,800
Retail (Max)148400₹1,93,200
S-HNI (Min)159000₹2,07,000
S-HNI (Max)7243200₹9,93,600
B-HNI (Min)7343800₹10,07,400

Bharat Coking Coal IPO Timeline

IPO Open Date
9 Jan, 2026
IPO Close Date
13 Jan, 2026
Basis of Allotment
14 Jan, 2026
Listing Date
16 Jan, 2026

Issue Price

₹21-23 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Ltd.

Lead Manager

IDBI Capital Markets Services Ltd.ICICI Securities Ltd.

Issue Size

46,57,00,000 shares(aggregating up to ₹1071.11 crore)

Bharat Coking Coal IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
30-Sep-2518711.136311.51123.885830.891006.521559.13
31-Mar-2517283.4814401.631240.196551.231805.73N/A
31-Mar-2414727.7314652.531564.465355.47664.72N/A
31-Mar-2313312.8613018.57664.783791.01-853.10N/A

In Cr.

Bharat Coking Coal IPO Reservation Details

Investor CategoryShares Offered% Shares
Anchor Investor Shares Offered11875350025.5%
QIB Shares Offered7916900017%
NII (HNI) Shares Offered5937675012.75%
bNII > ₹10L395820008.4%
sNII < ₹10L197910004.2%
Retail Shares Offered13854575029.75%
Shareholder Shares Offered4657000010%
Employee Shares Offered232850005%
Total Shares Offered465700000100%

Bharat Coking Coal IPO Valuations

EPS Pre IPO

₹2.66/-

EPS Post IPO

₹0.53/-

PE Pre IPO

8.64

PE Post IPO

43.23

ROE

-

ROCE

30.13%

Debt Equity

-

RoNW

20.83%

PAT Margin

8.61%

Price to Book Value

1.63

Bharat Coking Coal Peer Comparison

Company NameRevenueRoNWPE RatioPB Ratio
Bharat Coking Coal1380220.83%N/AN/A
Alpha Metallurgical2532011.48%14.871.63
Warrior Met Coal, Inc1305812.82%19.442.33

Promoters & Share Holding

Promoter(s) Name

  • The President of India, acting through the Ministry of Coal
  • Government of India
  • Coal India Limited
Share Holding Pre IssueShare Holding Post Issue
100%90%

About Company

Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is involved in the mining of coking coal, non-coking coal, and washed coals. The company is a wholly-owned subsidiary of Coal India Limited.
As on March 31, 2025, the company has 32 mining facilities, which consist of 25 opencast, 3 underground, and 4 mixed mining facilities.
The primary product that the company deals with is Coking coal, which is served to the steel and power sectors. The approximate reserve of coking coal that BCCL has, as on April 1, 2024, is 7,910 million tonnes. In Fiscal 2025, BCCL's share in the overall domestic production of coking coal in India is 58.50 percent.
It has operations in Jharia, Jharkhand, and Raniganj in West Bengal, with a total leasehold area of 288.31 square kilometers.
The business domains of the company are opencast and underground mining, coal washeries, monetization of idle coal washeries via the ‘Washery Developer Operator (WDO)’ approach, restarting abandoned underground mining via the ‘Mine Developer Operator (MDO)’ approach, and the monetization of a solar power project via self-consumption as well as injection into the grid.
The coal production of the company grew from 30.51 million tons in Fiscal 2022 to 40.50 million tons in Fiscal 2025. In Fiscal 2024, the company’s output of coking coal stood at 39.11 million tons, while that of non-coking coal was 1.99 million tons.

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Bharat Coking Coal IPO - Issue Objectives & Utilisation of proceeds

ObjectivesAmount
Offer For Sale-

Company Contact Details

Bharat Coking Coal

Koyla Bhawan, Koyla Nagar Dhanbad, Jharkhand, 826005

Phone: 0326-2230190

Email: cos.bccl@coalindia.in

Website: http://www.bcclweb.in/

Registrar Contact Details

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email: bccl.ipo@kfintech.com

Website: https://ipostatus.kfintech.com/

Frequently Asked Questions about Bharat Coking Coal IPO

When will Bharat Coking Coal IPO open for subscription?

The Bharat Coking Coal IPO opens on 9 Jan, 2026 and closes on 13 Jan, 2026.

What is the investors portion for Bharat Coking Coal IPO?

The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.

How to apply for Bharat Coking Coal IPO?

You can apply for Bharat Coking Coal IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.

What is the issue size of Bharat Coking Coal IPO?

The issue size of Bharat Coking Coal IPO is approx ₹46,57,00,000 shares(aggregating up to ₹1071.11 crore) crores.

What is the price band of Bharat Coking Coal IPO?

The price band for Bharat Coking Coal IPO is ₹21 to ₹23 per equity share.

What is the lot size of Bharat Coking Coal IPO?

The minimum bid (lot size) for Bharat Coking Coal IPO is 600 shares with an investment of approx ₹13,800 .

What is the allotment date of Bharat Coking Coal IPO?

The allotment date for Bharat Coking Coal IPO is 14 Jan, 2026.

What is the listing date of Bharat Coking Coal IPO?

The listing date for Bharat Coking Coal IPO is expected to be 16 Jan, 2026.

What is the GMP of Bharat Coking Coal IPO?

The latest Grey Market Premium (GMP) for Bharat Coking Coal IPO is being updated regularly on IPOROCK.

PD

Parth D.

Founder & Lead Analyst

Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.

Bharat Coking Coal IPO Date, Review, Price, Allotment Details, GMP | IPOROCK